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A bank offers 8% compound interest calculated on half yearly basis. A customer deposits rupees 2,000 each on 1st January and 1st July of the year. At the end of year the amount he would have gained as interest, is A. ₹220.20B. ₹221.60C. ₹122.50D. ₹243.20 |
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Answer» A bank offers 8% compound interest calculated on half yearly basis. A customer deposits rupees 2,000 each on 1st January and 1st July of the year. At the end of year the amount he would have gained as interest, is A. ₹220.20 B. ₹221.60 C. ₹122.50 D. ₹243.20 |
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